文章基本信息

标题：Does the Inflows of Foreign Aid Dampen or Stimulate FDI to EAC Members? Evidence From East African Community (EAC) Members
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作者：Masoud Mohammed Albiman
期刊名称：International Journal of Economics & Management Sciences
电子版ISSN：2162-6359
出版年度：2015
卷号：4
期号：2
页码：1-8
DOI：10.4172/2162-6359.1000228
语种：English
出版社：OMICS International
摘要：Recently, the World Bank and IMF have been more interested in understanding whether foreign aid inflows from multilateral or bilateral donors have catalyzing effect on the crowd out effect to FDI. From this fact, the paper investigates the causal relationship between foreign aid, both bilateral and multilateral aid with FDI inflows to EAC members. Using time analysis techniques of VECM and Granger causality, the results are mixed. On one hand, foreign aid (bilateral and multilateral) causes FDI in two countries. On the other hand, we found no relationship between foreign aid and FDI in other two countries. The results calls for appropriate policy implementations.
关键词：FDI; EAC; Foreign investments